Decision details

To consider the Treasury Management Strategy for 2026/27. This includes setting the Prudential Code and approving the Minimum Revenue Provision Policy Statement and Annual Investment Strategy for 2025/26

55.1     The Cabinet considered a report by the Chief Finance Officer.

55.2     It was RESOLVED to recommend to the County Council to:

1) Approve the Treasury Management Strategy Statement for 2026/27;

2) Approve the Annual Investment Strategy for 2026/27;

3) Approve the Prudential and Treasury Indicators 2026/27 to 2028/29;

4) Approve the Minimum Revenue Provision (MRP) Policy Statement for 2025/26 and 2026/27 at Appendix 1 of the report (Section 3).

Reason

55.3     The report fulfils the requirement to submit an annual/half yearly report in the form prescribed in the Treasury Management Code of Practice.The policy sets out the acceptable limits on ratings, investment periods, amounts to be invested and the borrowing strategy. The financial position is kept under constant review and if at any time it is felt that any of these limits represent an unacceptable risk appropriate and immediate action will be taken accordingly.